Submitted by Administrator on Mon, 23/09/2019 - 09:11
Cambridge is to establish a University Enterprise Zone as part of a new government initiative announced today by Universities Minister Chris Skidmore.
Cambridge is to establish a University Enterprise Zone as part of a new government initiative announced today by Universities Minister Chris Skidmore.
Research England, part of UK Research and Innovation, today announced 20 new University Enterprise Zones (UEZs) aimed at helping universities stimulate growth in their local economies, providing vital support for innovative new companies and creating jobs in emerging industries. The £20 million investment will strengthen collaborative ties between universities and businesses.
Cambridge’s UEZ, Greater Cambridge Health Tech Connect, will look at testing and integrating inter-disciplinary models of incubation across West Cambridge, where many of the University’s physical sciences and engineering departments, including the Maxwell Centre and the Institute for Manufacturing, are based, and the Cambridge Biomedical Campus in the South. It will address real world challenges, including unmet medical needs, using innovative thinking across disciplines.